DIST @ 200/=

Gaja · 1 DIST @ 200/= Thu May 23, 2013 11:50 am

Gaja

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Any news expected by the Market?

dammikabanda · 2 Re: DIST @ 200/= Thu May 23, 2013 12:01 pm

dammikabanda

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DIST.N 100000 @ 200 Very Happy

sahan8896 · 3 Re: DIST @ 200/= Thu May 23, 2013 12:05 pm

sahan8896

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Gaja wrote:Any news expected by the Market?

Time is coming for every share and now it's DIST.Nothing special. Very Happy

Backstage · 4 Re: DIST @ 200/= Thu May 23, 2013 12:54 pm

Backstage

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Been waiting for a comment from Melstarcorp , been a while now Rolling Eyes

econ · 5 Re: DIST @ 200/= Thu May 23, 2013 4:23 pm

econ

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I think dividend or bonus possible.

rainmaker · 6 Re: DIST @ 200/= Sun Sep 01, 2013 3:09 pm

rainmaker

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SSBT - Wasatch accumulated 4 mil in shares from non top 20 shareholders.....

btw is Melstacorp a sub of DIST. If yes why are they buying shares in DIST

Redbulls · 7 Re: DIST @ 200/= Sun Sep 01, 2013 3:31 pm

Redbulls

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rainmaker wrote:SSBT -
btw is Melstacorp a sub of DIST. If yes why are they buying shares in DIST

Another Goodhope, Carson and Buki type.

The Alchemist · 8 Re: DIST @ 200/= Sun Sep 01, 2013 3:33 pm

The Alchemist

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rainmaker wrote: btw is Melstacorp a sub of DIST. If yes why are they buying shares in DIST

Yes, Melstacorp is a 100 % owned Subsidiary of DIST. DIST is slowly transferring all equity assets to Melstacorp for shares in Melstacorp. As i have mentioned before, I think the end game is for for an Melstacorp and DIST share swap, i.e. DIST will give its shareholders Melstacorp shares and eventually become a subsidiary of Melstacorp which will be the main listed entity. DIST may even delist ! This was even confirmed by forum member Melstacorp who was semi active in forum in 2012. He said they were looking into the legal aspects of structuring this. That's why Amita Gooneratne ex Commercial Bank CEO was appointed CEO of Melstacorp. As you have pointed out to, maybe risky to keep all assets under DIST after seeing what happened to SLIC & Pelwatte.
Please read past posts by member Melstacorp !